Investment banker Ken Moelis told CNBC on Friday that it’s “almost impossible” to get the boards of U.S. public companies to enter into China deals. The tense Washington-Beijing relations are impacting large-cap stocks, the deal-making powerbroker said on “Squawk on the Street. ” “What you’re seeing in this volatility is a macro risk: China trade
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Costco (NASDAQ:COST) stock continues its march higher. With stockholders having recovered all of their losses from last fall’s sell-off, many might wonder where Costco stock goes from here. Amid the company’s successes, valuations remain higher than that of most peers. Source: Shutterstock Moreover, with the stock price returning to the highs of last September, investors
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It’s not often that buying one of the most recognizable businesses in America can be considered a gamble, but in the case of AT&T (NYSE:T) stock, the bull thesis is a bit of a long shot. AT&T is in the midst of a massive overhaul that will either leave it  debt-laden and crippled or change
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The stock market knows something policymakers don’t: The era of oil stocks is dead. Despite Administration efforts to embargo Iran and Venezuela, and despite fracking’s growing control over supply, the price of the U.S. benchmark West Texas Intermediate crude oil remains below where it was last fall. The global price, defined by Brent North Sea
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Adobe (NASDAQ:ADBE) stock has been around a long time. It is one of the tech industry pioneers that transitioned from selling software to enterprise companies to delivering professional products all the way through the funnel to individuals. Source: Shutterstock It was an original Silicon Valley company, founded in San Jose in 1982. That’s a long
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General Electric (NYSE:GE). JC Penney (NYSE:JCP). US Steel (NYSE:X). In investing, and business, a good name and a long history are worth precisely nothing. This is especially true in technology, where once-great names like Silicon Graphics, Wang and Novell never got a chance to grow old. Source: Shutterstock But Intel (NASDAQ:INTC)? Intel, the home of Moore’s Law,
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Okta is not a household name Okta (NASDAQ:OKTA). It’s clients are though. Over 6,100 organizations across industries, including Nordstrom, Inc. (NYSE:JWN), Slack, and Teach for America, use Okta to protect and manage the identities of their workforces and customers. Although this doesn’t tie Okta stock to those companies’ fortunes, it does give one a sense of its
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